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SES Global Prices Bond Offering
SES Global S.A. priced an 800 million euro bond offering, the company announced Oct. 11. The two-tranche offering consisted of a 300 million euro ($376.1 million) three- year floating rate note and a 500 million euro ($626.9 million) seven-year fixed rate note.
The transaction, which was 2.6 times oversubscribed, is SES Global’s second foray into the bond markets during 2006 as the company takes advantage of attractive financing conditions in order to refinance its drawn bilateral facilities, SES Global said.
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